More Money, More Problems: What Ultra-Wealthy Clients Actually Worry About (Blair duQuesnay)
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More Money, More Problems: What Ultra-Wealthy Clients Actually Worry About (Blair duQuesnay)
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We think about wealth as a finish line — hit your number and the anxiety stops. Blair duQuesnay, a financial advisor at Ritholtz Wealth Management, says it's almost never that simple. Her clients (ultra-high-net-worth families) aren't worried about running out of money. They're worried about screwing it up.
Blair talks with Chris Hill about growing up in a Southern family where money was never really discussed, transferring colleges to study finance (after starting as a dance major), and writing The Belle Curve, her newsletter on money, markets, and wealth, as well as:
- Having a front-row seat to the 2008 financial crisis while working in an office right next to Lehman Brothers
- Starting her own RIA and having to wait tables to make ends meet
- What she wishes she had understood about risk earlier in her career
- The $400 phone call she would like to take back
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Opening clip – “Margin Call”